Helen of Troy Limited (HELE) Releases Earnings Results, Beats Expectations By $0.29 EPS
Helen of Troy Limited (NASDAQ:HELE) posted its quarterly earnings data on Thursday. The company reported $1.65 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.29, Briefing.com reports. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The company had revenue of $378.46 million for the quarter, compared to analyst estimates of $377.08 million. During the same period in the prior year, the firm posted $1.31 EPS. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Helen of Troy Limited updated its FY18 guidance to $6.50-6.90 EPS.
Shares of Helen of Troy Limited (HELE) traded down 1.62% on Thursday, reaching $97.10. 217,328 shares of the company traded hands. The stock has a market capitalization of $2.64 billion, a P/E ratio of 21.08 and a beta of 0.99. Helen of Troy Limited has a one year low of $77.50 and a one year high of $102.88. The stock’s 50 day moving average price is $95.31 and its 200-day moving average price is $94.65.
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A number of equities research analysts have recently commented on HELE shares. BidaskClub lowered shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Bank of America Corporation started coverage on shares of Helen of Troy Limited in a research note on Tuesday, August 29th. They issued an “underperform” rating and a $87.00 price objective on the stock. Finally, CL King started coverage on shares of Helen of Troy Limited in a research note on Tuesday, September 12th. They issued a “buy” rating and a $104.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Helen of Troy Limited has an average rating of “Hold” and an average target price of $99.40.
About Helen of Troy Limited
Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.
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